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RE: I'm Creating a BitMEX Automatic Stop Loss and Take Profit Bot

in #cryptocurrency5 years ago (edited)

Hey, @imwatsi!

I'm really interested in following this bots development. I slightly altered the sample code you provided in the tutorial (thanks, by the way!) so that the stop and profit targets are set point distances from entry, rather than percentages. It works great.

I'd love if you coded a trailing stop into the next release and the ability to have multiple profit targets.

I chart through ninjatrader and have a bitmex data feed connected to it. It's currently not possible to connect BitMEX accounts to ninjatrader, so your tp and sl code has greatly improved the efficiency of my exit orders and permits me to better focus on the price action.

Thanks again!

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Hi @botanical54

I'm glad you find my script useful :)

Great feature suggestions! I will add multiple profit targets once I get the beta version out. Trailing stops will be part of the beta, so they will be ready first.

Thanks for your feedback and support.

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